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THE RICH ARE DIFFERENT FROM THE REST OF US

2009· article· en· W2065205454 on OpenAlexaffabout
Marina Adshade

Bibliographic record

VenueReview of Income and Wealth · 2009
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Growth and Productivity
Canadian institutionsDalhousie University
Fundersnot available
KeywordsNova scotiaRest (music)CitationLibrary scienceHistoryPolitical scienceEconomicsArchaeologyComputer science

Abstract

fetched live from OpenAlex

Many will recognize the title of this review as F. Scott Fitzgerald's famous reference to The Great Gatsby (Fitzgerald, 1995), to which Ernest Hemingway is supposed to have retorted, "Yes, they have more money."Greg Clark, it seems, is prepared to side with Fitzgerald; the rich are different from the rest of us.Clark argues that the rich possess a set of potentially inheritable traits-work ethic, ingenuity, education, and patience-that the poor do not, and the reason that England industrialized when it did (and why other nations did not) was simply the result of "good" genes.What is undeniable, and perhaps more in line with Fitzgerald's intention than Clark's, is that the set of social norms that govern the behavior of individuals varies not only from nation to nation but between different social classes within a nation as well.So the rich are different from the rest of us.The question remains however, if growth-promoting social norms of the wealthy classes come to dominate in some nations why did they not in others?As the title suggests, Farewell to Alms spans the economic history of man from roughly the beginning of the Neolithic revolution, when settled agricultural societies began, to the present, with an emphasis on the period leading up to the take-off that preceded modern economic growth.The text is divided into three sections, each addressing a specific question.The first is a detailed exploration of economic life under the Malthusian regime, the prehistoric period up to 1800.The second examines the period of modern economic growth, from the onset of the Industrial Revolution to the present day.The final, brief section discusses the causes and effects of the post-industrialization widening of global incomes.Clark's hypothesis is simple and straightforward, in keeping with the tone of this work which should be accessible to academics in a variety of disciplines, students at all levels, and non-academics alike.He proposes a tipping point theory 1 of evolutionary biology using a survival of the fittest argument: wealthy successful men produce more children that live to child-bearing age.He argues that, as a result, behaviors, such as greater work hours (diligence), higher savings rates (patience), higher literacy (the importance of education), and innovativeness (ingenuity) came to predominate over time in the nations which industrialized first, principally in England.In his view the transition from a predisposition of the wealthy class to societal norms for all classes was aided by the downward mobility of the children of the wealthy into the more common classes.The end of the eighteenth century, he suggests, is the tipping point for human economic advancement, the point at which these qualities became sufficiently prevalent in some nations as to have an overwhelming effect on living standards.Other nations, such as Japan and China, did not advance along the same trajectory despite evidence 1 A theory in which a critical point is reached beyond which change is irreversible.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.059
Threshold uncertainty score0.202

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.023
GPT teacher head0.238
Teacher spread0.214 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2009
Admission routes2
Has abstractyes

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